North American luxury fashion firms Ralph Lauren, Canada Goose, and Capri Holdings reported a mixed bag of results for the first quarter 2024, with all three companies, however, noting strong growth i…
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Coach owner Tapestry acquires luxury rival Capri Holdings
U.S. luxury giant Tapestry Inc. announced it has acquired American luxury rival Capri Holdings, the owner of Versace, Jimmy Choo, and Michael Kors, in a deal that will value the new conglomerate of br…
Versace, Jimmy Choo, Michael Kors clock dips in Asia sales in Q3
Capri Holdings, parent company of Versace, Jimmy Choo, and Michael Kors, announced on February 8 decreases across its Asia business in the third quarter, coinciding with a disappointing international …
Capri sees Versace Asia sales lift in Q2, Jimmy Choo, Michael Kors down
Capri Holdings Inc. announced on November 9 global revenues for the second quarter increased 8.6 percent, despite sales declines in Asia across its Jimmy Choo and Michael Kors brands, partially [̷…
Despite luxury market slump, Tapestry pushes into China
Although Baoji, an industrial city in northwest China, may not seem like a luxury goods market, it will soon be home to a Coach store, according to the company’s Asia Pacific president Yann Bozec. Coa…
Michael Kors launches its digital flagship on Tmall
Michael Kors, the namesake brand established by the world-renowned, award-winning designer of luxury accessories and ready-to-wear, announced that it will open its digital flagship store on Tmall.…
Michael Kors launches digital flagship on Tmall Luxury Pavilion
Michael Kors announced that it will open its digital flagship store on Tmall, which will be featured on Tmall Luxury Pavilion, Alibaba Group’s dedicated platform for luxury and premium brands.…
Versace has big expansion plans
During a recent investor day, executives at the company announced plans to open more than 100 new stores by 2022.…
Nicolas Ghesquière to launch his own brand under LVMH
Luxury goods powerhouse LVMH has agreed to finance the creation and launch of designer Nicolas Ghesquière’s own fashion brand.…
After Versace, eyes on other Italian brands
What brands are we talking about?…